Thursday, January 1, 2026
Why Give a Damn About Pelosi? How About the Nuclear Strike We Would Have Made on China Over Formosa?
In 1958, the US considered a nuclear strike against China if China’s planned conquest of Formosa went well.
Recession Mongers Shocked & Horrified by This Surge in Employment
Perversely, investors want a recession to force the Fed to pivot. But it’s tough to have an official recession with employment growing.
2:00PM Water Cooler 8/5/2022
~ Today’s Water Cooler ~
PredictIt: The Closing of a Prediction Market
PredictIt is likely to shutter. A look at how contract holders may win or lose, as well as the loss of a window into voter sentiment.
Endgame Taiwan? US Plans Further China Eyepoking with Planned Military Transit of the Taiwan Strait
China and the US are making threat displays over Taiwan. Lovely.
The Dystopian Dream of Global Central Bank Digital Currencies (CBDCs) Hits Another Snag: The Japanese People’s Love of Cash
Japan is not the only G7 economy where cash is still king, and that could be bad news for the rollout of CBDCs in so-called “advanced” economies
Hubert Horan: Can Uber Ever Deliver? Part Thirty-One: Uber’s Legitimate Cumulative Losses Top $32 Billion; P&L Improvements Driven by Much Higher Fares and Multi-Billion Dollar Transfers From Drivers to Shareholders
Even big fare hikes and cuts to driver pay have failed to produce profits at Uber. And these pricing changes are not likely to be sustainable.
2:00PM Water Cooler 8/4/2022
~ Today’s Water Cooler ~
Inside the Democrats’ Climate Deal with the Devil
The new climate package furthers the US’ most profligate pastimes: drilling oil and driving big cars.
Italian Technocrats Allow the Right to Weaponize Democracy
Why the Italian right looks set to go from strength to strength.
The Dying American Southwest
Will people abandon the American Southwest or fight like hell to keep it?
German Chancellor: Germany Could Keep Nuclear Power Plants Operating After All
A sign of German energy tsuris: Chancellor Scholz suggests reviving nuclear power, in opposition to earlier recommendations by key ministries.
